Argentina’s auto parts industry feels the pain from Milei’s shock therapy
By Nicolás Misculin BUENOS AIRES, May 5 (Reuters) – Inside a small, family-run auto parts plant on the outskirts of Buenos Aires, production lines sit quiet. The factory is running below capacity as the firm, Suspenmec, struggles to compete with an influx of cheaper imported parts, many from China, after Argentina sharply eased trade restrictions. Sales this year are down around 30% at the company, which makes 600 types of […]